Broadly speaking a gain arising on the disposal of a person's residence (dwelling house and garden/grounds, ie their home) is exempt from capital gains tax (CGT)1. This exemption is known by many names, including principal private residence (PPR) relief, private residence relief, private residence exemption, main residence exemption, or only or main residence relief.
For an overview of the relief, see C3.1701.
The commentary below considers the concept of non-qualifying tax years as it applies to PPR relief.
Impact of the non-resident capital gains tax regime on PPR relief
The non-resident CGT (NRCGT) regime was first implemented in 6 April 2015 to apply to non-UK residents disposing of UK residential property (and is also known as the NRCGT 2015 regime). See C2.1130. The regime was rewritten and extended by FA 2019 with effect from 6 April 2019 (and is also known as the NRCGT 2019 regime). The NRCGT 2019 regime applies to disposals of directly-held residential and non-residential UK land as well as indirect disposals of UK land.
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